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News in Nutshell: Important stories of the day

National News- Unrest-hit Kashmir suffers Rs 6,400 crore loss during 49 days of curfew, strikes The unending unrest in the Kashmir Valley has dealt a body blow to the economy of the region,
India TV News Desk New Delhi August 26, 2016 19:51 IST
India TV News Desk

National News-

Unrest-hit Kashmir suffers Rs 6,400 crore loss during 49 days of curfew, strikes

The unending unrest in the Kashmir Valley has dealt a body blow to the economy of the region, with reports pegging the loss to the Valley in its wake at a staggering Rs 6,400 crore. With businesses being badly hit and separatist-sponsored strikes in most parts for the past 49 days, the economic situation has drifted on the road to worse. Read More

Haji Ali verdict: 'Undue interference', say Muslim boards as civil society rejoices HC order

The Bombay High Court verdict to allow entry of women into the inner sanctum of Mumbai's Haji Ali Dargah has triggered a plethora of reactions with several women's rights organisations across the country welcoming the order. However, some Muslim Boards are fuming over the court decision as they consider it undue interference with the Sharia law. Read More

'Which words do you stand by?' RSS taunts Rahul Gandhi; asks him to apologise

The Rasthriya Swayamsewak Sangh (RSS) today demanded clarification from Congress vice president Rahul Gandhi on his comment about the organisation’s involvement in the murder of Mahatma Gandhi. Read More

Dadri lynching: Allahabad HC stays arrest of Md Akhlaq’s family, except his brother

In a big relief to the family members of Mohammad Akhlaq, lynched to death by a mob allegedly for consuming beef in Bisada village near Dadri of UP, the Allahabad High Court today stayed their arrest in a case of cow-slaughter. Read More

From ‘holiday’ to ‘ideal’: Maneka Gandhi softens stand on paternity leave, says more sophisticated bill in future

Facing condemnation over the maternity bill and its ‘failure’ to provide any relief to fathers-to-be, Union Women and Child Development Minister Maneka Gandhi today said there could be a ‘more sophisticated’ legislation to address these concerns in future. Read More

Need to change laws, speed up processes to transform India: PM Modi

Prime Minister Narendra Modi today said that transformation of India cannot happen without transformation of governance. Read More

International News-

French court overturns controversial ban on burkinis, terms it illegal

The top administrative court in France today overturned the controversial ban on burkinis, saying that it “seriously, and clearly illegally, breached the fundamental freedoms to come and go, the freedoms of beliefs and individual freedom”. Read More

After attack on American University in Kabul, US asks Pakistan not to discriminate among terror groups

The United States of America (USA) has asked Pakistan not to discriminate among different terror groups on the basis of their agenda or affiliation. Read More

Assassination attempt on German Chancellor Angela Merkel foiled

A feared assassination attempt on German Chancellor Angela Merkel has reportedly been foiled here with Czech police arresting an armed man who tried to join her motorcade during visit to the capital. Read More

Business News-

Ready to pay Rs 300 crore to SEBI: Sahara Chief tells SC

Sahara chief Subrata Roy on Friday informed the Supreme Court of his willingness to pay an additional Rs 300 crore with market regulator Securities and Exchange Board of India (SEBI) which should be adjusted with the bank guarantee. Read More

Tata Motors Q1 Net Falls 57% To Rs. 2,260 Crore

Tata Motors on Friday reported a 57 per cent decline in consolidated net profit at Rs. 2,260.40 crore for the first quarter ended June 30, due to post Brexit adverse foreign exchange impacting its British arm JLR. The city-based company had posted a consolidated profit of Rs.5,254.23 crore in the same period last fiscal, Tata Motors said in a BSE filing. Consolidated net sales in the first quarter were up 10 per cent at Rs. 66,101.27 crore as against Rs. 60,093.79 crore in the year-ago period.

L&T Executive Chairman AM Naik to donate 75pc of lifetime income to charity

Engineering major Larsen & Toubro Group’s Executive Chairman AM Naik has pledged to donate 75 per cent of his lifetime income to charity. Read More

Entertainment News-

'A Flying Jatt' movie review: Tiger Shroff's superhero drama fails to fly high

"A Flying Jatt", is the story of the local superhero of the same name. Apart from the name, there is nothing original about the film. The character, chiselled on the lines of the DC Comics fictional character Superman, is an Indianised version of the superhero which includes his traits and costume. Read More

Rejected for 100 films, didn’t have money to eat: Shahid Kapoor’s confessions about struggle are quite SURPRISING

Actor Shahid Kapoor recently got candid over his struggling days and went on to make a confession that he was rejected for around 100 movies before his debut. The ‘Udta Punjab’ actor confessed that success didn’t come easy to him and his journey in Bollywood wasn’t a cake walk. Read More

Sports News-

BWF rankings: Saina Nehwal drops to 9th spot, PV Sindhu remains 10th-ranked shuttler

India’s leading badminton player Saina Nehwal has dropped four places to be number nine in the latest Badminton World Federation (BWF) rankings while PV Sindhu, despite getting silver in the women's singles competition at the recently-concluded Olympics, remained in the 10th spot. Read More

Companies make beeline to sign Olympic silver medallist PV Sindhu for endorsements

India's first ever female silver medallist PV Sindhu has been given a hero’s welcome on her return home, besides huge doles of cash and other rewards. With the Olympic medal have given a major boost to the world number 10’s brand value, companies are now making a beeline tosign up Sindhu for endorsements. Read More